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Gary Marcus@GaryMarcus
Presenting the Generative AI Fizzle™ *Walter Bloomberg @DeItaone ANTHROPIC’S IPO VALUATION EXPECTATIONS DROP FROM $2 TRILLION TO $1.5 TRILLION Some investors are considering a $1.5 trillion valuation for Anthropic’s upcoming IPO, down 25% from earlier expectations of $2 trillion. Anthropic reported $16.8 billion in Q3 revenue, up 45% quarter-over-quarter, but growth slowed sharply after revenue more than doubled in Q2. The company also reported adjusted profitability for the quarter. The key concern: Slowing revenue growth and rising AI infrastructure costs could weigh on one of the most anticipated IPOs. Source: Reuters Exclusive 🔗 View Quoted Tweet
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---
tweet_id: "2111107324782035210"
author: "GaryMarcus"
published_at: "2026-10-16T14:49:43+00:00"
source_url: "https://x.com/GaryMarcus/status/2111107324782035210"
---

Presenting the Generative AI Fizzle™

![*Walter Bloomberg](https://pbs.twimg.com/profile_images/2088360110095478784/El9anzXH_normal.jpg)

\*Walter Bloomberg@DeItaone

ANTHROPIC’S IPO VALUATION EXPECTATIONS DROP FROM $2 TRILLION TO $1.5 TRILLION  
  
Some investors are considering a $1.5 trillion valuation for Anthropic’s upcoming IPO, down 25% from earlier expectations of $2 trillion.  
  
Anthropic reported $16.8 billion in Q3 revenue, up 45% quarter-over-quarter, but growth slowed sharply after revenue more than doubled in Q2.  
  
The company also reported adjusted profitability for the quarter.  
  
The key concern: Slowing revenue growth and rising AI infrastructure costs could weigh on one of the most anticipated IPOs.  
  
Source: Reuters Exclusive

[🔗 View Quoted Tweet](https://x.com/DeItaone/status/2110837977928638529)